S249D - New Blood Needed, page-64

@jlo2012 you keep buying into these fallacies

International expansion is not expensive. In this day and age when you can connect to anyone around the world via email in seconds, and airship these cameras express, it really is small minded thinking.

For example, with just a few emails and at no cost I had a 24Ha Cannabis Cultivation farm in Colombia interested in an initial trial, that if successful would lead to sales. Now whilst there was issues with it being too remote, it is just one example. This would have been perhaps a few cameras leased initially, that if passed mustard, could lead to a 10+ thermal and solar camera sale.

When we are operating at a 60% gross profit margin, there should be plenty of meat on the bones in these deals.



Another point to note, the above image is from Spectur's own whitepaper on cannabis.

Notice they themselves acknowledge the "ideal locations for growing marijuana correlate directly with high solar zones for solar power supply"

You may now start to catch on why I have been harping at cannabis as a huge opportunity. The cultivation sites generally get 12-16 hours of a sun a day year round, are enormous, require 24/7 security monitoring - they are the ideal target.

If you want to land some whales, you are going to have to go outside of Australia

Now as to your other point "Have you thought that the cost/benefit associated with expanding into multiple countries/juradtictions isn't the priority at the moment? "

As I said above, I think it is more than feasible to expand into overseas jurisdictions and that it will open us up to infinitely bigger markets.

But aside from this, have you ever thought of the cost/benefit associated with avoiding massive dilution at all time lows ? You are looking at SP3 purely from a balance sheet point of view, suggesting they should prioritise deals in rank of their profit margin and not consider those that may come at lower margin or small net cost to SP3. This is seriously archaic thinking. Dilution is a massive cost to shareholders.

One sale to a major multinational of 10 or so thermal and solar cameras would be enough to wake the market up to SP3. It is like shopping online, I never use a vendor who has no reviews or ratings. SP3 need a nameplate deal to put them on the map in both the investment community and boost the SP, and give them some credibility/validity in marketing this tech.

They can focus on growing the business locally whilst also exploring deals to boost the SP and sentiment. There is nothing P&D about securing a major international client, even at reduced profit margin to gain some exposure